Latest AXA XL Headlines

All the headlines from our AXA XL Topic Page, ordered by recency.

Industry Veterans Catlin and Brand Launch Specialty Bermuda Re/Insurer Convex Group

Apr 30 2019 // Insurance industry veterans Stephen Catlin and Paul Brand announced they have launched an international specialty insurer and reinsurer, Convex Group Ltd.Convex launches with $1.8 billion of initial committed capital and...

AXA XL Promotes Wilson to Global Head of Portfolio Solutions

Apr 25 2019 // AXA XL announced the promotion of Charlotte Wilson to global head of portfolio solutions, with responsibility for developing and executing the team’s global strategy.Wilson will be part of Philippe Gouraud’s...

AXA Confirms It Insured Some Notre-Dame Artworks for Several Million Euros

Apr 25 2019 // French insurer AXA said on Wednesday that it had provided insurance coverage for a few artworks from Notre-Dame Cathedral for a maximum amount of a few million euros.The insurer had said last week that it provided...

France’s AXA Insures 2 Notre Dame Contractors, Some Religious Artworks

Apr 16 2019 // French insurance firm AXA said on Tuesday it provided insurance coverage for two of the contracting firms that were working on Notre-Dame’s restoration prior to the blaze that devastated the cathedral.The fire ripped...

People

Apr 15 2019 // American International Group has named Carla Ferrara as head of communications for AIG’s Investments organization. Ferrara will be based in New York and report to Elaine Rocha, chief operating officer of AIG...

Axa XL Expands Inland Marine Coverage with Contractor’s Equipment Offering

Apr 9 2019 // Axa XL’s North America marine insurance business is expanding its inland marine business with a new contractor’s equipment product with a number of new coverages.“Contractor’s need a wider variety...

AXA XL Promotes Minors to Product Line Leader, Bermuda Professional Lines Business

Apr 4 2019 // AXA XL has promoted Jennifer Minors to senior vice president – product line leader in its Bermuda Professional Lines Insurance business.Minors is responsible for managing directors and officers (D&O), professional...

AXA XL’s McGavick Looks Ahead to ‘The Golden Age of Insurance’

Mar 21 2019 // Mike McGavick’s turnaround experiences have led him to think carefully about changes that are needed for the insurance industry.“First, cost has got to come down. It’s absurd that approximately 60 cents...

Thinking Past the Obvious: Former CEO of XL Group McGavick Looks Back

Mar 21 2019 // The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the...

Pioneer Underwriters Names Former XL Catlin Executive Greggains as Its U.S. CEO

Mar 15 2019 // Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, announced it has appointed Nick Greggains as CEO of Pioneer’s U.S. operation, effective March 25.Greggains succeeds current U.S. CEO Gene...

BHSI Names Heads of Marine (AXA’s Mairos) & Property (Zurich’s Mannion) in UK, Ireland

Mar 11 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has appointed Pedro Mairos as head of Marine, and Sean Mannion as head of Property, for the UK and Ireland.Mairos comes to BHSI with nearly two decades working in...

NIP Group, AXA XL Partner on Greenhouse, Garden Center, Nursery Insurance Program

Mar 5 2019 // NIP Group, Inc. has entered into an underwriting agreement with AXA XL on its GrowPro insurance program. GrowPro provides a complete insurance product for greenhouse growers, nurseries and garden centers...

AXA Reports 66% Drop in 2018 Net Profit on U.S. Unit’s IPO Costs, Natural Disasters

Feb 21 2019 // Net profits at AXA, Europe’s second biggest insurer, fell sharply as a result of charges related to its U.S. unit’s initial public offering (IPO) and a spate of natural disasters, although AXA hoped for higher...

Ironshore’s Shrubb Joins AXA XL’s Terrorism Insurance Team in U.S.

Feb 20 2019 // Morgan Shrubb has joined AXA XL Insurance as underwriting manager for War, Terrorism & Political Violence insurance.Shrubb joins AXA XL from Ironshore International where she served as a production specialist, charged...

AXA XL Merges European Teams with Job Losses Expected

Feb 12 2019 // AXA XL announced another step in its post-merger integration which is expected to lead to job losses in Europe.AXA XL said it began transferring employees in Europe into a single employing company at the beginning of...

AXA XL’s Holmes Joins Kemper as Chief Actuary, Strategic Analytics Officer

Feb 5 2019 // Kimberly A. Holmes has joined Kemper Corp. as senior vice president, chief actuary and strategic analytics officer. Holmes will lead Kemper’s enterprise-wide actuarial and analytics teams. Holmes’ direct...

AXA Real Estate Unit Confident About Its London Skyscraper, Despite Brexit Uncertainty

Jan 31 2019 // It was a tricky time for the commercial real estate business in London. Within days, Britons would be voting on whether to remain in the European Union or leave. The French insurance giant AXA SA was trying to figure out...

AXA XL Transfers XL Insurance from UK to Dublin as Post-Brexit HQ

Jan 18 2019 // AXA XL has completed the transfer of its European Union insurance company, XL Insurance Co. SE (XLICSE), from the UK to Dublin, Ireland.XLICSE is a wholly owned subsidiary within the AXA XL division of AXA Group, providing...

AIG’s Bernal Joins AXA XL’s Broker/Client Management Team in Texas

Jan 17 2019 // Roman E. Bernal has joined AXA XL’s broker and client management team in Houston as client distribution leader for the US South Central region, reporting to Wayne Speeg, US South Central regional leader.Bernal will...

AXA XL Uses AI to Speed Up Property Engineering Risk Analysis, Underwriting

Jan 10 2019 // AXA XL Risk Consulting announced it is using artificial intelligence (AI) to enhance its property risk engineering capabilities.AXA XL Risk Consulting is working with Expert System, an Italian developer of cognitive...